News: Finance
Former Parramatta Eels Chief Executive gets good behaviour bond in NRL salary cap scandal
Scott Seward, the former Chief Executive of the Parramatta Eels NRL club has been handed a two-year good behaviour bond for his role in the rugby league club's salary cap...
Jul 12, 2017
Sport /
Legal /
Finance
Strategy suggests ageing Taranaki sports facilities are a 'time bomb'
A “time bomb” of ageing sport and recreation facilities nearing their “use by” date is ticking in Taranaki according to a recently released report on the future of the region's...
Jul 12, 2017
Sport /
Finance /
Recreation /
Venues
Dreamworld battles inconsistent attendances and falling revenues
Gold Coast theme park Dreamworld is continuing to struggle with irregular visitor numbers and declining year-on-year revenues. Newly released figures from parent company Ardent...
Jul 11, 2017
Tourism /
Safety /
Finance /
Attractions /
Waterparks
Apollo to buy golf course operator ClubCorp for US$1.1 billion
Private equity firm Apollo Global Management LLC has advised that it is to acquire ClubCorp Holdings Inc , one of the world’s largest owners and operators of private golf and...
Jul 9, 2017
Sport /
Finance /
Golf
Dalian Wanda Group sells US$9.3 billion of tourism assets
Having developed and acquired a wide-ranging portfolio of tourism and entertainment assets, China’s Dalian Wanda Group has sold more than 90% of these assets in a deal worth...
Jul 9, 2017
Tourism /
Finance /
Attractions /
Entertainment
Ongoing governance dispute sees FIFA threaten to take over running of Football Federation Australia
World football governing body FIFA has given Football Federation Australia (FFA) a deadline of 30th November to resolve the ongoing impasse concerning the formation of their...
Jul 8, 2017
Sport /
Finance
South African tour cancelled as Cricket Australia pay dispute continues
Cricket Australia have confirmed the cancellation of the Australia A cricket team tour of South Africa, due to start next week, after failing to reach an agreement with the...
Jul 6, 2017
Sport /
Legal /
Finance
Fitness Australia welcomes business member nominations for its Board of Directors
Peak body Fitness Australia is inviting leading industry stakeholders to help shape the future of fitness by joining its Board of Directors. Following a hotly contested election...
Jul 4, 2017
Finance /
Wellness
TEG announces major Malaysian ticketing acquisition
Ticketing, live entertainment and data analytics company TEG has today announced the acquisition of Malaysia’s top ticketing company, TicketCharge. Founded in 1991, TicketCharge...
Jul 2, 2017
Events /
Sport /
Finance /
Entertainment /
Ticketing
Australia’s elite cricketers unemployed after pay dispute deadline passes
Australia's top cricketers are officially unemployed as of today after a breakdown in talks to secure a new pay deal. Cricket Australia acknowledged there would be no agreement...
Jun 30, 2017
Sport /
Finance
Australia slammed in FIFA report on World Cup bidding
The release of a report into the bidding for the 2018 and 2022 football World Cup tournaments has been highly critical of the conduct of Football Federation Australia (FFA). The...
Jun 27, 2017
Sport /
Legal /
Finance
Australian Cricketers' Association fears no resolution of Cricket Australia pay dispute
The Australian Cricketers' Association (ACA) says it is "extremely likely" there will be no resolution to the cricket pay dispute before the end of this week. If an agreement is...
Jun 26, 2017
Sport /
Finance
Great Barrier Reef delivers $56 billion value for Australia
A new report has calculated the total asset value of Queensland’s Great Barrier Reef to be $56 billion, assessing the World Heritage site’s economic, social and brand value...
Jun 26, 2017
Tourism /
Finance /
Entertainment
Community and elite sport gets backing in South Australian budget
2017/18 South Australian budget has made significant new funding commitments to community and elite sport with backing for women’s participation and South Australia’s Olympic...
Jun 22, 2017
Sport /
Finance /
Recreation /
Government /
Surfaces
ANZ Stadium redevelopment project hit by rising costs
The cost of renovating Sydney’s ANZ Stadium has reportedly sky-rocketed from $700 million to a staggering $1.6 billion. With the NSW Government intending to redevelop the venue...
Jun 22, 2017
Sport /
Finance /
Government /
Venues
Gumbuya Park to undergo $50 million redevelopment
Plans to regenerate Victorian wildlife attraction Gumbuya Park into a ‘world-class’ destination - with a waterpark, bush resort and improved facilities - have been revealed....
Jun 22, 2017
Tourism /
Finance /
Attractions /
Environment
Association of Australian Football Clubs pushes for A-League second division and FFA restructure
Amid ongoing dissatisfaction over the Football Federation Australia's management of elite domestic football, the recently formed Association of Australian Football Clubs (AAFC)...
Jun 21, 2017
Sport /
Finance
VicHealth grants back local sporting clubs
In an initiative to encourage more Victorians to get physically active, hundreds of sporting clubs across Victoria will share in more than $500,000 in funding in the latest...
Jun 20, 2017
Sport /
Finance /
Recreation /
Wellness
Bill Pulver to remain at ARU as Super Rugby team still faces axe
Having offered to step aside prior to today's Emergency General Meeting, Australian Rugby Union Chief Executive Bill Pulver is to remain in his job. The meeting, which came...
Jun 20, 2017
Sport /
Legal /
Finance
AFL players agree six-year pay deal
AFL players are to receive a 20% pay rise this season after agreeing to a new six-year deal with the league worth $1.84 billion that, for the first time. ties their wages to...
Jun 19, 2017
Sport /
Finance
Japan looks to future sport industry growth
With the country to stage the Rugby World Cup in 2019 and the Olympics in 2020, the Japan Sports Agency (JSA) is looking to expand sporting activity and infrastructure beyond...
Jun 19, 2017
Sport /
Finance /
Recreation /
Venues
$40 million budget commitment to revitalise Queensland’s national parks
The Queensland Government has announced plans to revitalise the State’s national parks and boost eco-tourism industry with more than $40 million provided for parks projects in...
Jun 17, 2017
Tourism /
Finance /
Recreation /
Government /
Parks
NSW Government announces funding program for defibrillators at sports clubs
Spectators and players at community sports clubs will benefit from a rollout of defibrillators announced by the NSW Government. The 2017/18 NSW Budget is to allocate $4 million...
Jun 13, 2017
Sport /
Finance /
Wellness
New Zealand Government commits $5.2 million for 28 new tourism infrastructure projects
New Zealand Tourism Minister Paula Bennett has announced $5.2 million in co-funding for new tourism infrastructure projects to be undertaken by 16 local authorities. The funding...
Jun 12, 2017
Tourism /
Finance /
Recreation /
Attractions /
Government